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Envestors launches Isle of Man operation

by Peter Curtain

Envestors, the award-winning private investor network providing investors with opportunities to meet dynamic companies in need of growth and expansion capital, has extended its service by launching in the Isle of Man.

The Firm, a subsidiary of Braveheart Investment Group plc, has opened an office in Douglas, to be led by Nick Boon, a senior financial services professional with extensive experience in the wealth management industry. With the support of its key sponsors, Creechurch Capital, the Chartered Accountants Greystone LLC, and Gough Advocates, Envestors will arrange and host meetings including investment presentation evenings and private dinners showcasing high-growth private companies seeking equity investment.

At the launch event on Wednesday 9 May 2012, three companies will make presentations to a local audience of successful entrepreneurs and business people.

Oliver Woolley, Founder Director of Envestors, said: After undertaking extensive research and having built a strong local network, Envestors has a great opportunity in the Isle of Man. We shall bring the benefits of the successful Envestors model to enable those interested to participate in the development of high-growth companies throughout the UK and internationally. John Greenwood, CEO of Creechurch Capital, said: Were delighted to welcome Envestors to the Isle of Man as it expands its existing network. The Island presents significant tax benefits to investors, as well as fantastic incentives and unrivalled support for new and growing businesses. We look forward to working closely with the Envestors team as it establishes its presence on the Isle of Man.

At Greystone LLC, Guy Wiltcher, Managing Partner, commented: As a firm we spend a lot of time working with early stage businesses with high growth potential. They are vital to the ongoing health and development of the economy and we are therefore delighted to support this initiative aimed at fostering growth in what is a most important and dynamic sector.

Paul Kerruish, Managing Director of Gough Advocates, added: "Being a company which itself seeks to support clients in their entrepreneurial endeavours, Gough Advocates are very excited to be sponsoring Oliver and his team in launching this portal to potential new business for the Island. We hope that this will be a further way in which to showcase the Island's support for private enterprise."

Nick Boon said: The Isle of Man has a long track record of successful, entrepreneurial activity. Envestors arrival on the Island provides an opportunity to capitalise on the exceptional skills and knowledge that exist here, supporting budding entrepreneurs.

- Ends -

We hope that this will be a further way in which to showcase the Island's support for private enterprise."

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Envestors launches Isle of Man operation

Blake to headline Grand Cayman 100m field

Grand Cayman, Cayman Islands World 100m champion Yohan Blake, who ran a world leading time of 9.90 in Kingston on 14 April, is the latest big name to be added to the inaugural Cayman Invitational meeting set for the Truman Bodden Sports Complex in Grand Cayman on 9 May.

The star sprinter said he was happy to be added to the field in Grand Cayman.

"Racers Track Club wants to support the development of yet another athletic meeting in the Caribbean region, so I am looking forward to compete there on May 9th," Blake said.

Blake will headline the 100m at this inaugural event. In Daegu, at the age of 21, he became the youngest 100m gold medalist in the history of the World Championships. He later went on after the World Championships to set a personal best of 9.82.

Blake ran more sub-10 second races than any other sprinter in 2011, and ended his season in astonishing fashion by securing the fastest 200m time in the world and second fastest in history at 19.26.

Blake's addition to the event is sure to add a heightened element for all track enthusiasts in attendance.

Jamaicans Ristananna Tracey, Nikiesha Wilson and Shevon Stoddart, along with American Carmelita Jeter are just some of the big names already signed on for the meet.

Organisers for the IAAF

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Blake to headline Grand Cayman 100m field

Watchdog set to investigate Lord Blencathra over lobbying for Cayman Islands

Parliamentary standards authorities are set to investigate whether a former Conservative minister who sits as a peer while simultaneously lobbying on behalf of a Caribbean tax haven has broken House of Lord rules.

Labour yesterday wrote to the Independent Commissioner for Standards asking him to investigate whether Lord Blencathra had breached regulations designed to stop lords taking on paid advocacy roles which could interfere with their job as legislators.

The intervention is likely to trigger a full inquiry which if it finds he has broken the rules could result in Lord Blencathra being censured. The move follows an investigation by the Bureau of Investigative Journalism and The Independent, which revealed that the Conservative peer had lobbied on behalf of the Cayman Islands while claiming thousands of pounds in House of Lords attendance allowances.

In the six months since he was appointed by the islands' Government, he has lobbied George Osborne to reduce the burden of air passenger transport taxes on the Caymans, facilitated an all-expenses-paid trip for three senior MPs over the Easter recess, and intervened over an Early Day Motion in the Commons calling for the Caymans to be closed down as a tax haven. Last night Paul Flynn, MP for Newport West, accused the Tory peer of abusing the system and said he would refer him to the Committee for Standards in Public Life.

Guidance on the Code of Conduct for Members of the House of Lords says they may not accept payment in return for parliamentary services. This includes a ban on peers "making use of their position to arrange meetings with a view to any person lobbying Members of either House, ministers or officials". When asked whether he thought he had breached the Code, Lord Blencathra, formerly known as David Maclean, said: "You have confused lobbying Parliament, which I do not do, with lobbying the Government which I do. I am very clear that if there was a measure before The House of Lords on any matter relating to the Cayman Islands then I would not lobby Lords on it nor speak nor vote on it."

Mr Flynn, a member of the Constitutional Reform Select Committee, said the response was "extraordinary". "I was mystified by Lord Blencathra's concept of a distinction between Parliament and Government when it comes to the prohibition on paid lobbying this is an entirely novel excuse for abusing the system," he said.

The President of the Liberal Democrats has also attacked the peer's activities. Tim Farron said: "With all the controversy surrounding lobbying and tax at the moment, it's astonishing that a Tory peer is now the lead advocate in Britain for one of the world's biggest tax havens. If Lord Blencathra is using his very privileged position in the House of Lords to lobby for a government that wants to see money that should be for our schools, hospitals and our armed forces sailing off in luxury yachts to be stored on the Cayman Islands, it is yet another mockery of the Parliamentary system, and reinforces a need for an elected upper chamber."

Jon Trickett, Shadow Cabinet Office minister, welcomed the call to investigate Lord Blencathra. "It is clear that an investigation into any impropriety is urgently needed. There needs to be clarity over whether the nature of Lord Blencathra's dual role, as both a parliamentarian and lobbyist, has breached the Lords Code of Conduct.

"With almost daily revelations of Tory sleaze along with a significantly watered down consultation paper on lobbying it is clear this Government is unwilling to make bold decisions in the national interest but rather maintain the influence of a small circle of elites."

http://www.thebureauinvestigates.com/

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Watchdog set to investigate Lord Blencathra over lobbying for Cayman Islands

Watchdog set to investigate peer over lobbying for Cayman Islands

Parliamentary standards authorities are set to investigate whether a former Conservative minister who sits as a peer while simultaneously lobbying on behalf of a Caribbean tax haven has broken House of Lord rules.

Labour yesterday wrote to the Independent Commissioner for Standards asking him to investigate whether Lord Blencathra had breached regulations designed to stop lords taking on paid advocacy roles which could interfere with their job as legislators.

The intervention is likely to trigger a full inquiry which if it finds he has broken the rules could result in Lord Blencathra being censured. The move follows an investigation by the Bureau of Investigative Journalism and The Independent, which revealed that the Conservative peer had lobbied on behalf of the Cayman Islands while claiming thousands of pounds in House of Lords attendance allowances.

In the six months since he was appointed by the islands' Government, he has lobbied George Osborne to reduce the burden of air passenger transport taxes on the Caymans, facilitated an all-expenses-paid trip for three senior MPs over the Easter recess, and intervened over an Early Day Motion in the Commons calling for the Caymans to be closed down as a tax haven. Last night Paul Flynn, MP for Newport West, accused the Tory peer of abusing the system and said he would refer him to the Committee for Standards in Public Life.

Guidance on the Code of Conduct for Members of the House of Lords says they may not accept payment in return for parliamentary services. This includes a ban on peers "making use of their position to arrange meetings with a view to any person lobbying Members of either House, ministers or officials". When asked whether he thought he had breached the Code, Lord Blencathra, formerly known as David Maclean, said: "You have confused lobbying Parliament, which I do not do, with lobbying the Government which I do. I am very clear that if there was a measure before The House of Lords on any matter relating to the Cayman Islands then I would not lobby Lords on it nor speak nor vote on it."

Mr Flynn, a member of the Constitutional Reform Select Committee, said the response was "extraordinary". "I was mystified by Lord Blencathra's concept of a distinction between Parliament and Government when it comes to the prohibition on paid lobbying this is an entirely novel excuse for abusing the system," he said.

The President of the Liberal Democrats has also attacked the peer's activities. Tim Farron said: "With all the controversy surrounding lobbying and tax at the moment, it's astonishing that a Tory peer is now the lead advocate in Britain for one of the world's biggest tax havens. If Lord Blencathra is using his very privileged position in the House of Lords to lobby for a government that wants to see money that should be for our schools, hospitals and our armed forces sailing off in luxury yachts to be stored on the Cayman Islands, it is yet another mockery of the Parliamentary system, and reinforces a need for an elected upper chamber."

Jon Trickett, Shadow Cabinet Office minister, welcomed the call to investigate Lord Blencathra. "It is clear that an investigation into any impropriety is urgently needed. There needs to be clarity over whether the nature of Lord Blencathra's dual role, as both a parliamentarian and lobbyist, has breached the Lords Code of Conduct.

"With almost daily revelations of Tory sleaze along with a significantly watered down consultation paper on lobbying it is clear this Government is unwilling to make bold decisions in the national interest but rather maintain the influence of a small circle of elites."

http://www.thebureauinvestigates.com/

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Watchdog set to investigate peer over lobbying for Cayman Islands

Freedom Report: Tax Day Candidate Catch Up – Video

17-04-2012 21:05 4/16/12 - Behind on your taxes? The IRS is going after your passport. Josh recaps the Atascadero Tea Party, introduces congressional candidate Chris Mitchum and breaks down the race for the 5th District SLO County Supervisorial seat.

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Freedom Report: Tax Day Candidate Catch Up - Video